Let’s look at the key reasons that are pushing New Oriental Education & Technology Group Inc. ADR (EDU) to new highs

On Monday, New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) opened higher 3.90% from the last session, before settling in for the closing price of $67.25. Price fluctuations for EDU have ranged from $49.94 to $98.20 over the past 52 weeks.

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Consumer Defensive Sector giant saw their annual sales surged by 9.62% over the last five years. Company’s average yearly earnings per share was noted 43.30% at the time writing. With a float of $165.49 million, this company’s outstanding shares have now reached $165.51 million.

The firm has a total of 55506 workers. Let’s measure their productivity.

New Oriental Education & Technology Group Inc. ADR (EDU) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Education & Training Services industry is another important factor to consider. The insider ownership of New Oriental Education & Technology Group Inc. ADR is 0.02%, while institutional ownership is 46.75%.

New Oriental Education & Technology Group Inc. ADR (EDU) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 43.30% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.29% during the next five years compared to 4.28% growth over the previous five years of trading.

New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) Trading Performance Indicators

Check out the current performance indicators for New Oriental Education & Technology Group Inc. ADR (EDU). In the past quarter, the stock posted a quick ratio of 1.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.68.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.86, a number that is poised to hit 1.51 in the next quarter and is forecasted to reach 4.35 in one year’s time.

Technical Analysis of New Oriental Education & Technology Group Inc. ADR (EDU)

Analysing the last 5-days average volume posted by the [New Oriental Education & Technology Group Inc. ADR, EDU], we can find that recorded value of 2.98 million was better than the volume posted last year of 1.83 million. As of the previous 9 days, the stock’s Stochastic %D was 63.10%. Additionally, its Average True Range was 3.77.

During the past 100 days, New Oriental Education & Technology Group Inc. ADR’s (EDU) raw stochastic average was set at 29.66%, which indicates a significant decrease from 65.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 93.13% in the past 14 days, which was higher than the 55.28% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $74.29, while its 200-day Moving Average is $79.16. Now, the first resistance to watch is $71.46. This is followed by the second major resistance level at $73.06. The third major resistance level sits at $74.96. If the price goes on to break the first support level at $67.96, it is likely to go to the next support level at $66.06. Now, if the price goes above the second support level, the third support stands at $64.46.

New Oriental Education & Technology Group Inc. ADR (NYSE: EDU) Key Stats

There are currently 169,697K shares outstanding in the company with a market cap of 11.56 billion. Presently, the company’s annual sales total 4,314 M according to its annual income of 309,590 K. Last quarter, the company’s sales amounted to 1,137 M and its income totaled 26,970 K.